What are Microsoft rolling out that is new?
While Microsoft maintains its one-year console warranty (two years in some countries), Microsoft is enhancing the terms of its Xbox 360 warranty to three years for certain general hardware failures which are indicated by three flashing red lights on the console. This will apply to new and existing customers and Microsoft will retroactively refund the out-of-warranty repair costs paid by customers for console problems indicated by the three flashing red lights.
